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Megasites Development Program
CSFA Number: 420-35-3069
Agency Name
Department Of Commerce And Economic Opportunity (420)
Agency Identification
91-4
Agency Contact
Leslie Barsema
2177259116
leslie.barsema@illinois.gov
Short Description
Research and input from economic development experts indicate that there is a shortage of large sites that can be successfully developed in the desired 1-2year time frame. DCEO intends to offer incentives to encourage infrastructure investment in large industrial sites, in order to make such sites viable alternatives for large economic development projects.
Federal Authorization
N/A
Illinois Statue Authorization
20 ILCS 605/605-495
Illinois Administrative Rules Authorization
N/A
Objective
Intent is to invest in site locations to enable more rapid and certain industrial development, making sites more attractive alternatives for site location decisions. Investments to shorten development time frames include infrastructure (electric, natural gas, water & sewer, etc.) and other site preparation activities.
Prime Recipient
Yes
UGA Program Terms
N/A
Eligible Applicants
Government Organizations; Nonprofit Organizations; For-Profit Organizations; Small Businesses; Individuals; Public Housing Organizations;
Applicant Eligibility
Eligible locations must comprise at least 400 acres with clear title, and zoning must be consistent with future industrial use.
Beneficiary Eligibility
N/A
Types of Assistance
Project Grants
Subject / Service Area
Economic Development
Credentials / Documentation
Site ownership and zoning status must be demonstrated at time of application. Site must include at least 400 acres
Preapplication Coordination
N/A
Application Procedures
Standard submissions via Smartsheet link in NOFO
Criteria Selecting Proposals
Geographical dispersion
Award Procedures
Merit review; reimbursement based on quarterly reporting
Deadlines
FY24Q2
Range of Approval or Disapproval Time
30 days
Appeals
The Merit Based Review process is subject to appeal. However, competitive grant appeals are limited to the evaluation process. Evaluation scores may not be protested. Only the evaluation process is subject to appeal. The appeal must be submitted in writing to the Department within 14 calendar days after the date that the grant award notice has been published. The written appeal shall include the name and address of the appealing party, the identification of the grant and a statement of reasons for the appeal. To file an appeal, applicants must submit the appeal in writing and in accordance with the Merit-Based Application Review Appeals Process listed on the Grant Opportunities page of the DCEO website: https://www2.illinois.gov/dceo/AboutDCEO/GrantOpportunities/Pages/MeritAppReview.aspx.
Renewals
Extensions as needed
Formula Matching Requirements
1:1 cash matching
Uses and Restrictions
Bondability guidelines will apply
Reports
quarterly reporting using PPR and PFR
Audits
N/A
Records
N/A
Account Identification
TBD
Obligations
FY24-FY25 Expenditures of $3Mil
Range and Average of Financial Assistance
$3 Mil
Program Accomplishments
Sites developed for potential industrial development; investment leveraged
Regulations, Guidelines, and Literature
N/A
Regional or Local Assistance Location
N/A
Headquarters Office
500 East Monroe Springfield, IL 62701 and 555 W Monroe St, 12th Floor Chicago, IL 60661
Program Website
N/A
Example Projects
N/A
Published Date
Funding By Fiscal Year
FY 2022 : $1
FY 2023 : $40,000,000
FY 2024 : $3,000,000
Federal Funding
None
Notice of Funding Opportunities
Agency IDAward RangeApplication Range
Agency IDGrantee NameStart DateEnd DateAmount
24-914007Marquis Land Holdings LLC07/01/202306/30/20264,550,000
24-914010Jerseyville Economic Development Council05/01/202404/30/20253,000,000
24-914003JJK 343 LLC07/01/202306/30/20252,500,000
24-914009Interchange City West, LLC07/01/202306/30/20251,395,000
24-914008Rock Creek LLC07/01/202306/30/20251,283,596